Anchorage Rep. Chuck Kopp, the House majority leader, could have been speaking for the oil companies Saturday when he argued for keeping the Hilcorp loophole intact and rejecting the Senate version of the gas line bill.
The Hilcorp loophole will become the Glenfarne loophole, exempting many companies from paying the graduated income tax that applies to oil and gas companies like ExxonMobil and ConocoPhillips.
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